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Top Ten World Economies in 2018 | IMF

China will collapse.

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They seem to be on the verge of economic collapse. Distributed digital additive manufacturing / 3D printing is likely to destroy China's exports within 5 to 10 years and that could contribute towards a collapse in their export economy. Major businesses are leaving China. Part of this is driven by higher costs and part is influenced by longer term geo-political interests, motivated to curb China's economic power and hence, their global militaristic expansionism. China has now been deemed by the west to be a imminent threat to western civilisation.
 
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I just ignored most of them... Better talk to walls rather than these idiots
 
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I posted the latest nominal GDPs for the world's top ten economies for 2018, which came from IMF data.

My thread was trolled by a bunch of Turkish idiots, who proclaimed that their current $1,000 nominal GDP per-capita is higher than China's. Therefore, the Turkish members claimed Turkey is more "advanced" than China.

I said prove it.

Show me examples of Turkish high-technology and we'll compare it to China to see if you really are more "advanced."

One Turkish member said he didn't have time, despite posting repeatedly in this thread. He couldn't think of an example of Turkish high-tech.

Another Turkish member flat-out lied and claimed Turkey built its own satellites. Turkish satellite technology is PURCHASED from Europe's Airbus and launched on America's Space X rockets. Turkey has ZERO indigenous satellite or space-launch technology.

A third Turkish member pointed to "white goods" (such as a washing machine) and a tv as examples of Turkish high-tech. This guy is an idiot. No one considers a washing machine or a tv to be high-tech. Even cars aren't high-tech. Many countries can build these commodity goods.

High tech means: stealth fighter, hydrogen bomb, INDIGENOUS communications satellite, billion-dollar offshore oil platform to explore/extract energy, supercomputers, bullet trains, gigawatt-class nuclear reactors, logic-chip semiconductor fabrication, ICBM, etc.

If you can't build any of the high-tech items on my enumerated list then you are a low-tech third-world country.
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The lesson is: Don't troll my thread. If you make a claim, I will ask you to prove it. If you can't prove it, I suggest you quickly retract your bullshit claim so we can all save time.
 
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You want more Chinese high-tech achievements? Okay, here's more!



China builds massive Tunnel Boring Machines (TBMs).

Xiamen invites public to name tunnel boring machine for Metro Line 1

dwUhl58.jpg

Just for the record this tunnel Boring Mashine is 100% German... Herrenknecht has 3 plants building tunnel boring mashines in China... they are world market leader and completely own the tunnel boring business in China... you can even see their logo on the tunnel boring mashine... only because it is build in China does not mean it is chineses Technology... in a single Chinese City Herrenknecht had 48 tunnel boring mashines working to drill 170km subway in two years...
All big tunnels drilled the last resent years in China were drilled by Herrenknecht mashines expect on street tunnel in Nanjing which was drilled by a Mitsubishi tunnel boring mashine... of the 27 largest tunnel boring mashines build the last decades 15 were build by Herrenknecht
 
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Just for the record this tunnel Boring Mashine is 100% German... Herrenknecht has 3 plants building tunnel boring mashines in China... they are world market leader and completely own the tunnel boring business in China... you can even see their logo on the tunnel boring mashine... only because it is build in China does not mean it is chineses Technology... in a single Chinese City Herrenknecht had 48 tunnel boring mashines working to drill 170km subway in two years...
All big tunnels drilled the last resent years in China were drilled by Herrenknecht mashines expect on street tunnel in Nanjing which was drilled by a Mitsubishi tunnel boring mashine... of the 27 largest tunnel boring mashines build the last decades 15 were build by Herrenknecht
You might be correct. If it is true, I retract the TBM from China's list of high-technology. However, that still leaves a mountain of Chinese high-technology.
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Let's look at China's WS-10A Turbofan engine.

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WS-10A engine (with gearbox at the bottom) is designed to power the J-10B Vigorous Dragon fighter. This version of the WS-10A turbofan engine is said to have 13.2 ton maximum thrust. There are several wrapped engines near the floor.

Only five countries in the world can build a turbofan engine. All five countries sit on the United Nations Security Council as Permanent Members.

The WS-10A turbofan engine is important, because all modern fourth-generation fighters require a turbofan engine.

China's WS-10A engine is comprised of the following elements: DD3 is 9.5% Chromium (by weight), 5% Cobalt, 4% Molybdenum, 5.5% Tungsten, 5.8% Aluminum, 2% Titanium, and the rest is Nickel plus secret trace elements.

Between 2018-2020, China is expected to unveil the WS-15 (F-22 class) turbofan engine. The WS-15 is based on a superior nickel-rhenium superalloy (named DD6) where the blades are grown from a single crystal.

DD6 is 4.3% Chromium (by weight), 9% Cobalt, 2% Molybdenum, 8% Tungsten, 7.5% Tantalum, 2% Rhenium, 0.5% Niobium, 5.6% Aluminum, 0.1% Hafnium, and the rest is Nickel plus secret trace elements.

China is a massive industrial and technological power. China is important, because it is the only economic and technological counterweight to the United States.

When the United States sends F-22 fighters to dominate the airspace, China sends J-20 stealth fighters to contest the airspace. No other country has a true fifth-generation stealth fighter. Don't bring up the Russian T-50/Pak-fa, which has exposed metallic engine pods that are NOT stealthy.
 
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Probably you don't know that Europe's biggest white goods manufacturer with market share ( Beko ) and biggest TV & Electronics manufacturer ( Vestel ) both Turkish brands. Still you can open your filthy mouth here without shame.. Btw, a false-flagger ? Gtfo...

Does BEKO make LED/LCD tvs? If yes, tell me where is your foundry? Let me tell you something, you DO NOT have a foundry, you buy Chinese components and assemble them under the name BEKO. Nobody can beat Chinese production efficiency and cost.

Just for the record this tunnel Boring Mashine is 100% German... Herrenknecht has 3 plants building tunnel boring mashines in China... they are world market leader and completely own the tunnel boring business in China... you can even see their logo on the tunnel boring mashine... only because it is build in China does not mean it is chineses Technology... in a single Chinese City Herrenknecht had 48 tunnel boring mashines working to drill 170km subway in two years...
All big tunnels drilled the last resent years in China were drilled by Herrenknecht mashines expect on street tunnel in Nanjing which was drilled by a Mitsubishi tunnel boring mashine... of the 27 largest tunnel boring mashines build the last decades 15 were build by Herrenknecht
You need to recheck the facts Georg, the Germans lost the TBM market in China long ago, we reversed all those machines.

http://cte-limited.com/
http://www.creg-germany.com/about.php
Entering Europe now after we purchased Aker Wirth.
 
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No minimum wage means it is legal for people to be paid in lower sums.

If there is no huge unemployment problem, then companies will have to offer bigger sums because of competition, if there is a huge unemployment problem, that means there is something wrong with that economy. Minimum wage is a populist policy, not economist. A country with a big unemployment rate with high minimum wage will result a big economic crisis, for example; Greece.

If you remove minimum wage, you will let private economy to fix both unemployment rate and corruption since competition between companies will increase.

Let free market decide the prices/sums instead of parliament.
 
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Does BEKO make LED/LCD tvs? If yes, tell me where is your foundry? Let me tell you something, you DO NOT have a foundry, you buy Chinese components and assemble them under the name BEKO. Nobody can beat Chinese production efficiency and cost.


You need to recheck the facts Georg, the Germans lost the TBM market in China long ago, we reversed all those machines.

I dont need to recheck Herrenknecht is WORLD MARKET LEADER and they completely OWN the Chineses tunnel boring market and all major project expect ONE is done with Herrenknecht boring mashines... they have THREE plants in China were they build boring mashines in Guangzhou allone are since 2001 76Herrenknecht boring mashines at work drilling 230km ...each of them 48m a day or 691m a month


Suez Canal Crossing, London Metro, New York subway, nearly every subway in China, Gotthard tunnel, Soshi subway everywere is Herrenknecht

they totaly dominate the market
 
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Does BEKO make LED/LCD tvs? If yes, tell me where is your foundry? Let me tell you something, you DO NOT have a foundry, you buy Chinese components and assemble them under the name BEKO. Nobody can beat Chinese production efficiency and cost.


You need to recheck the facts Georg, the Germans lost the TBM market in China long ago, we reversed all those machines.

http://cte-limited.com/
http://www.creg-germany.com/about.php
Entering Europe now after we purchased Aker Wirth.
Firstly, you're right. Turkey has no semiconductor fabrication plant. Thus, the computer chips inside the tvs must be imported. Only a semiconductor fabrication plant can build computer chips.

Secondly, if the TBMs were reverse-engineered then it would count as indigenous Chinese high-technology. The US Supreme Court had ruled that reverse-engineering is perfectly legal. You are allowed to take apart a product and deduce its underlying principles of function.

If you can build a comparable machine (without violating the patents by doing it a different way or if the patents had expired) then it counts as your own creation.
 
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Firstly, you're right. Turkey has no semiconductor fabrication plant. Thus, the computer chips inside the tvs must be imported. Only a semiconductor fabrication plant can build computer chips.

Secondly, if the TBMs were reverse-engineered then it would count as indigenous Chinese high-technology. The US Supreme Court had ruled that reverse-engineering is perfectly legal. You are allowed to take apart a product and deduce its underlying principles of function.

If you can build a comparable machine (without violating the patents by doing it a different way or if the patents had expired) then it counts as your own creation.
TBMs are nothing new, the patents already expired long ago, unless for propriety components. China can manufacture TBM competitively for the past 10 years, that's when we started the rail and metro construction boom. Germans used to occupy a huge chunk of this market, currently their China factory is tuned towards export rather than the domestic market.

Please guys, stop bashing our Turkish friends, some might be closet Indians all we know. Everybody have their own egos and pride, same like our Turkish friends. If they are ignorant educate them politely. But we cannot deny the fact Turkey with a smaller population does have on average better living standards.
 
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